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BRICS balance
The 17th BRICS summit was held in Brazil amid tariff hazards and geopolitical conflicts, seeking to strengthen the status of the global South. The absence of Xi Jinping of China and the virtual participation of Vladimir Putin of Russia underlined internal challenges due to legal obstacles.
BRICS+, now extended up to 11 members, represents 48% of the global population and the GDP is constantly closing the difference with G7, according to A. Mint Analysis. However, there is a greater difference in the block than equality, only with some countries, including India and South Africa, which have strong democratic values.
Electricity demand
According to data from the Central Electricity Authority, India’s power demand in the June quarter fell 1.5% year-on-year to 445.8 billion kWh in the June quarter. It marks the first drop since the first quarter of 2020 in 2020.
The decline in April-June 2025 was likely to be due to a cooler heat and an early monsoon, which reduced the need for energy. The latest data of the Meteorological Department of India has shown that a maximum temperature of 35.08 ° C can be seen as compared to a normal trend of 36.60 ° C. The highest supply (peak power demand mate) in June also increased to about 242 GW from around 244 GW in June 2024 last month.
Nvidia is in its own league
$ 4 trillion: The market cap Nvidia briefly hit on July 9, with shares of which increased by all time of $ 164.42 to increase its lead on Apple and Microsoft as the world’s most valuable publicly trading company. Nvidia’s stock has seen a strong demand over the last five years, which increases the trust of investors in its important role in giving strength to AI technologies. Chipmaker shares have increased by about 21% since last year, Mint Informed The company, established in 1993, first crossed the $ 2-trillion at the market cap in February 2024 and $ 3 trillion in June 2024.
Renewed US tariff
With the expiration of July 9 for trade deal negotiations, the US has sent formal letters to 14 countries underlining the revised tariff. Of these, Laos and Myanmar have been hit with 40% mutual tariffs, the highest in the current list. Five of them, including Japan and South Korea, have been killed with 25% tariffs. The new mutual tariffs for listed countries are ready to be effective from August 1. India, which is trying to attack a business deal with the US, is unlikely to receive such a formal notification, Mint Informed
Extense signal this recession
In Q3Fy25, the new booking of Accenture declined a sharp decline in its stock last month due to a 6% decline. It was reflected by Indian IT stocks, which highlights the company’s influence on the region.
As a prominent player with overlapping markets, especially in North America, Accenture is seen as a bellweather for Indian IT firms. All listed Indian IT companies earn more than 50% of their revenue from the US, making them sensitive to demand change there.
However, an analysis by howindialives.com suggests that the technology and counseling technology and counseling differ in many ways from the major Indian IT firms, which looks closely beyond its quarterly numbers.
Bayo bets of Balrampur Chini
2,850 crores: This investment is being made on bioplahstics between Balrampur Chinese Mills Price Control and Climate Risk, Mint Informed The company is setting up a polylactic acid plant, by India’s first Chinese firm, next to its Kumbhi Mill in Uttar Pradesh, for the purpose 2,000 crores in revenue by 2027. PLA, a biodegradable plastic made of sugar, will initially target the solo-use plastic option. While analysts see it as an ESG-friendly growth engine, concerns remain at input risks, as the plant will still rely on sugarcane, which is a surprised crop of weak water for weather shocks.
RCB’s power play
According to a study by Houlhan Locke, evaluation of the Indian Premier League (IPL) increased from 12.9% to $ 18.5 billion in 2025, which strengthens its position among the world’s top sports leagues. Royal Challengers Bangalore became the most valuable team in place of Chennai Super Kings after winning their first title in 2025. Mumbai Indians finished second and Chennai Super Kings finished third. Advertisement Revenue crossed $ 600 million, and the viewership rose at a rate of 678 million during the final on 3 June. With rising investors interest and cross-league expansion, the IPL is developing in a global media-sport brand, expecting a long-term weather in the future, the report states.
Week Chart: How Urban Indians use their time
Urban Indians like watching TV and give a low priority to reflection, relaxation and rest, A Mint The analysis of the time use survey 2024 was shown. Watching TV is the top holiday activity, especially for urban women, while rural women, who do the most difficult tasks, prefer to talk about the screen of the screen.
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